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Friends Prov launches flat load charging GPPs

Friends Provident is launching a group personal pension plan using a level load charging structure.


The Series 2 Plan has been designed to produce higher transfer values in the earlier years but lower maturity values compared to its existing plan.


IFAs will be able to choose either Series 2 or the existing plan.


Both plans offer Friends Provident full range of 16 investment funds, including With Profit Fund and the ethical Stewardship Fund.

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